Richard Murray IV - Jan 19, 2022 Form 4 Insider Report for SouthState Corp (SSB)

Role
President
Signature
William E. Matthews, V, CFO, pursuant to power of attorney
Stock symbol
SSB
Transactions as of
Jan 19, 2022
Transactions value $
$541,657
Form type
4
Date filed
1/19/2022, 03:33 PM
Previous filing
Jan 3, 2022
Next filing
Oct 27, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SSB Performance Share Units +Grant/Award $433,274 +5,041 +91.12% $85.95 10,573 Jan 19, 2022 Common Stock 5,041 $85.95 Direct F1
transaction SSB Restricted Share Units +Grant/Award $108,383 +1,261 +12.84% $85.95 11,080 Jan 19, 2022 Common Stock 1,261 $85.95 Direct F2

Explanation of Responses:

Id Content
F1 Number of Performance Share Units ("PSUs") awarded on 1/19/22. The awards will vest following the 3-year performance period ending December 31, 2024. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.
F2 Number of time-vested Restricted Share Units ("RSUs") awarded on 1/19/22. The awards will vest at a rate of one third on each January 1st, 2023, 2024 and 2025. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.